Inside Helsinkiâs big plans to have the best urban mobility by 2035
Helsinki taking the charge
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The Business of Mobility is an Urban Mobility Company series highlighting some of the most successful new businesses in the mobility sector. Featuring a closer look at the way in which companies stand out, CEOs, Directors and other c-level executives elaborate on what it takes to turn a great idea into a great company.
Helsinki Business Hub is a business development agency dedicated to attracting foreign direct investment, particularly those companies who can contribute to the circular economy. In 2016 Finland became the first country to create a roadmap to a circular economy, and in 2020 Helsinki released its own Roadmap for a Circular and Sharing Economy. One of the key policy tools of Helsinkiâs circular economy is âgreen mobility investmentâ, i.e. investments that encourage a modal shift towards active mobility and public transportation.
May 12, 2021
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On May 4 2021, the prime ministers of the United Kingdom and India met virtually. The meeting ended with a 1 billion British pound ($1.4 billion) trade deal and a promise of generating thousands of jobs on both sides, and toward a future free trade agreement. The package includes 240 million British pounds (about $338.56 million) investment to U.K. by the Serum Institute of India into their vaccine business supporting research, clinical trials, manufacturing, and export of drones utilizing artificial intelligence (AI).
India and the U.K. have a long history of productive cooperation and have helped each other during the pandemic. The two major economies are on the frontlines of AI innovation and regulation and are therefore primed to cooperate in developing AI-driven technologies. In addition, both countries are founding members of the global partnership on AI and have spent considerable resources on devising their policies for the proliferation of AI.
KTU establishes Artificial Intelligence Centre
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To promote fundamental and applied research in the field of artificial intelligence (AI), the results of which would lead to the development of innovative products with real practical application and commercial potential, KTU established the Artificial Intelligence Centre. âCooperating with business partners, we will seek to contribute to the development of the Lithuanian AI ecosystemâ, says AgnÄ PaulauskaitÄ-TaraseviÄienÄ, the Head of the newly founded KTU AI Centre.
Although some AI technologies have been around for more than 50 years, the availability of immense amounts of data, new algorithms have led to a huge breakthrough in this area recently. Today, the development of AI is among the priorities of the European Union and Lithuanian policies. Lithuanian Artificial Intelligence Strategy indicates the creation of a national AI research centre and infrastructure as one of the m
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Minister for the Economy and Industry Silvio Schembri announced three projects that, with the use of Artificial Intelligence, will lead to the use of the Maltese language in the education and industry sectors to be on par with foreign languages. With an investment of more than €161,000, they will lead to the Maltese language being written, understood, and processed in the technology we use every day. This was stated during a press conference portraying a successful collaboration between the Malta Digital Innovation Authority (MDIA) and the University of Malta.
Minister Schembri explained how Artificial Intelligence is being explored as an assistive tool in the education sector and even in industry. He highlighted the benefits of the three projects, called Speech Processing, Text Processing, and Edu AI. He illustrated how, through the ‘Speech Processing’ project, researchers are assisted in making the systems understand the spoken language,